Basic TA right here, measure the length of the flagpole in percentages, and add that to point of the expected breakout!
Simply put, as shown in the chart the measured move for a breakout of the bull pennant takes us to $2.32.
I expect XRP to run much higher by end of year, but the short term target takes us up to $2.32 which would mark a new high on the year as...
Ripple managed to touch the bullish trend line at 0.65 forming a triangle pattern on the 4H chart. There is a high possibility that it might test the resistance at 1.21 before breaking the pattern with a bullish continuation.
if I'm correct, I believe SKL will need a few days to get back to 0.60 - 0.70
we will probably see some up and downs over the next days.
lets hope some whales can see the opportunity and help us out!
the market supply is so low for SKL... how I wish to see half of #XRP market cap down here...
If we finished the wave C, then we are now going up slow slow slow.
we will need to see the price going up and cross the white triangle. maybe we will need 2 weeks, lets see
hopefully our market cap comes back to help our wishes come true!
My idea has mostly to do with $BTC finding its bottom at this point in the cycle. thats where the real ALT season statrts, and $XRP enters the game.
this is the Poloniex chart so the 83% correction is a little more exaggerated. this is where i think we are at on the weekly time frame for XRP/USD chart. XRP tends to follow its rhythm, its cycle closely. this is...
This is just me learning charts and sharing my ideas with you all along the way. Your constructive criticism and ideas are encouraged and highly appreciated. Thank you all for your time and have a wonderful day.